TPI Composites (TPIC) Stock Price, News & Analysis

$3.74
+0.10 (+2.75%)
(As of 05/3/2024 ET)
Today's Range
$3.67
$4.09
50-Day Range
$2.39
$3.74
52-Week Range
$1.63
$12.24
Volume
2.09 million shs
Average Volume
1.17 million shs
Market Capitalization
$177.53 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.22

TPI Composites MarketRank™ Stock Analysis

Analyst Rating
Hold
2.11 Rating Score
Upside/​Downside
146.6% Upside
$9.22 Price Target
Short Interest
Bearish
15.17% of Shares Sold Short
Dividend Strength
N/A
Sustainability
2.17
Upright™ Environmental Score
News Sentiment
-0.15mentions of TPI Composites in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.60) to ($0.09) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.34 out of 5 stars

Industrial Products Sector

523rd out of 1,008 stocks

Engines & Turbines Industry

19th out of 30 stocks

TPIC stock logo

About TPI Composites Stock (NASDAQ:TPIC)

TPI Composites, Inc. manufactures and sells composite wind blades, and related precision molding and assembly systems to original equipment manufacturers (OEMs) in the United States, Mexico, Europe, the Middle East, Africa, and India. It also provides composite solutions for the automotive industry; and field service inspection and repair services comprising diagnostic, repair, and maintenance services for wind blades to OEM customers, and wind farm owners and operators. The company was formerly known as LCSI Holding, Inc. and changed its name to TPI Composites, Inc. in 2008. TPI Composites, Inc. was founded in 1968 and is headquartered in Scottsdale, Arizona.

TPIC Stock Price History

TPIC Stock News Headlines

Urgent Nvidia Warning
Could Steve Job's 'Final Prophecy' Make You Rich? Just before he died, Steve Jobs issued a "Final Prophecy" that's now coming true... and making some people rich. In one recent 90-day stretch, 50 companies related to Jobs' "Final Prophecy" soared by 100% or more. What was Steve Jobs' last big prediction, and how can you get in on it? Professor Joel Litman explains everything... including the surprising group of stocks moving higher, and his No. 1 favorite stock in this space.
Q1 2024 TPI Composites Inc Earnings Call
Urgent Nvidia Warning
Could Steve Job's 'Final Prophecy' Make You Rich? Just before he died, Steve Jobs issued a "Final Prophecy" that's now coming true... and making some people rich. In one recent 90-day stretch, 50 companies related to Jobs' "Final Prophecy" soared by 100% or more. What was Steve Jobs' last big prediction, and how can you get in on it? Professor Joel Litman explains everything... including the surprising group of stocks moving higher, and his No. 1 favorite stock in this space.
Here's what Wall Street expects from TPI Composites's earnings
TPI Composites, Inc. (TPIC)
TPI Composites (TPIC) Scheduled to Post Earnings on Thursday
TPI Composites Inc
TPIC Apr 2024 2.500 call
TPI Composites: Weak Results And Guidance
TPI Composites: Turnaround Is In Sight (Rating Upgrade)
Q4 2023 TPI Composites Inc Earnings Call
TPI Composites: Q4 Earnings Insights
See More Headlines
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Company Calendar

Last Earnings
2/22/2024
Today
5/04/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Engines & turbines
Sub-Industry
N/A
Current Symbol
NASDAQ:TPIC
Fax
N/A
Employees
12,300
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.22
High Stock Price Target
$15.00
Low Stock Price Target
$3.00
Potential Upside/Downside
+146.6%
Consensus Rating
Hold
Rating Score (0-4)
2.11
Research Coverage
9 Analysts

Profitability

Net Income
$-201,780,000.00
Pretax Margin
-12.29%

Debt

Sales & Book Value

Annual Sales
$1.46 billion
Book Value
($2.87) per share

Miscellaneous

Free Float
45,190,000
Market Cap
$177.54 million
Optionable
Optionable
Beta
1.96
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Key Executives

  • Mr. William E. SiwekMr. William E. Siwek (Age 61)
    President, CEO & Director
    Comp: $1.64M
  • Mr. Ryan D. Miller (Age 49)
    Chief Financial Officer
    Comp: $655.56k
  • Mr. Adan Gossar (Age 50)
    Chief Accounting Officer
    Comp: $590.96k
  • Mr. Jerry Lavine (Age 55)
    President of Automotive
    Comp: $770.34k
  • Mr. Charles Stroo (Age 48)
    Chief Operating Officer
  • Mr. Nicholas Warchol
    Senior Vice President of Technology & Engineering
  • Mr. Theo Gibson
    Chief Information Officer
  • Christian Edin
    Senior Director of Investor Relations
  • Mr. Steven G. Fishbach Esq. (Age 54)
    General Counsel & Secretary
    Comp: $627.04k
  • Ms. Deane Ilukowicz
    Chief People Officer

TPIC Stock Analysis - Frequently Asked Questions

Should I buy or sell TPI Composites stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TPI Composites in the last year. There are currently 8 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" TPIC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TPIC, but not buy additional shares or sell existing shares.
View TPIC analyst ratings
or view top-rated stocks.

What is TPI Composites' stock price target for 2024?

9 equities research analysts have issued 12-month price objectives for TPI Composites' shares. Their TPIC share price targets range from $3.00 to $15.00. On average, they anticipate the company's stock price to reach $9.22 in the next twelve months. This suggests a possible upside of 146.6% from the stock's current price.
View analysts price targets for TPIC
or view top-rated stocks among Wall Street analysts.

How have TPIC shares performed in 2024?

TPI Composites' stock was trading at $4.14 on January 1st, 2024. Since then, TPIC stock has decreased by 9.7% and is now trading at $3.74.
View the best growth stocks for 2024 here
.

When is TPI Composites' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our TPIC earnings forecast
.

How were TPI Composites' earnings last quarter?

TPI Composites, Inc. (NASDAQ:TPIC) posted its earnings results on Thursday, February, 22nd. The industrial products company reported $0.27 EPS for the quarter, beating the consensus estimate of ($0.91) by $1.18. The industrial products company had revenue of $296.99 million for the quarter, compared to analyst estimates of $340.91 million. During the same quarter in the previous year, the firm earned ($0.73) EPS.

What ETFs hold TPI Composites' stock?
What guidance has TPI Composites issued on next quarter's earnings?

TPI Composites issued an update on its FY 2024 earnings guidance on Friday, May, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.3 billion-$1.4 billion, compared to the consensus revenue estimate of $1.4 billion.

What is William E. Siwek's approval rating as TPI Composites' CEO?

4 employees have rated TPI Composites Chief Executive Officer William E. Siwek on Glassdoor.com. William E. Siwek has an approval rating of 100% among the company's employees. This puts William E. Siwek in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of TPI Composites own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TPI Composites investors own include NVIDIA (NVDA), Baidu (BIDU), Cisco Systems (CSCO), JD.com (JD), Inseego (INSG), BioXcel Therapeutics (BTAI), Baozun (BZUN), Alibaba Group (BABA), Boeing (BA) and Bilibili (BILI).

When did TPI Composites IPO?

TPI Composites (TPIC) raised $72 million in an initial public offering (IPO) on Friday, July 22nd 2016. The company issued 6,300,000 shares at a price of $11.00-$12.00 per share. J.P. Morgan and Morgan Stanley served as the underwriters for the IPO and Cowen and Company, Raymond James and Canaccord Genuity were co-managers.

Who are TPI Composites' major shareholders?

TPI Composites' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Guinness Asset Management LTD (0.84%), Green Alpha Advisors LLC (0.48%), Harel Insurance Investments & Financial Services Ltd. (0.23%), Los Angeles Capital Management LLC (0.11%), Mirae Asset Global Investments Co. Ltd. (0.06%) and Perigon Wealth Management LLC (0.03%). Insiders that own company stock include Bam Partners Trust, Daniel G Weiss, Daniel G Weiss, James Alton Hughes, Jerrold I Lavine, Mark Nunneley, Ramesh Gopalakrishnan, Ryan D Miller, Steven C Lockard, Thomas J Castle, Tyrone Michael Jordan and William E Siwek.
View institutional ownership trends
.

How do I buy shares of TPI Composites?

Shares of TPIC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:TPIC) was last updated on 5/4/2024 by MarketBeat.com Staff

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